
After completing the steps above, please be sure to click the ‘ Participate Now ’ button on the Spotlight page. Outlying Islands, Japan, Canada, East Timor, Cambodia, Laos, Tanzania, Uganda, Mali, Afghanistan, Albania, Central African Republic, Somalia, Malawi, Mozambique, Kyrgyzstan, Bosnia and Herzegovina, Uzbekistan, Turkmenistan, Burundi, South Sudan, Sudan (North), Republic of Guinea, South Africa, the Republic of Northern Macedonia, the Lebanese Republic, Kosovo, Libya, Barbados, Botswana, Ghana, Jamaica, Mauritius, Nicaragua, Panama The following countries/areas are not supported for the purchase: Belarus, Myanmar, Ivory Coast, Cuba, Mainland China, Democratic Republic of Congo, Republic of Congo, Iran, Iraq, Liberia, North Korea, Syria, Venezuela, Yemen, Zimbabwe, United States, U.S. If you fail to pass KYC2, then you will not be eligible for the token sale subscription. Complete KYC2 (Advanced Verification) before 00:00:00 on Janu. To participate in the token sale, your KuCoin account needs to meet the following criteria: Please note that the amount of CLH shares you will receive is based on your average daily KCS holdings. If the deduction is successful, the CLH will be distributed immediately to your Main Account otherwise, your eligibility to purchase in the Spotlight will be lost. Please ensure you have at least 10 KCS in your Trading Account on Janu. From 08:00:00 to 09:00:00 on Janu(UTC), KuCoin will deduct the corresponding amount of KCS in the qualified users’ Trading Account and distribute the corresponding amount of CLH. At 00:00:00 on Janu(UTC), KuCoin will end this round of token sale registrations, counting the shares of all successfully registered participants. At 12:00:00 on Janu(UTC), KuCoin will launch the Spotlight Token Sale and open the subscription for CLH. Ongoing Pool-X staking programs for KCS (locked assets): Pool-X Account (including locked and unlocked assets) * 100%. However, the KCS holdings in the Sub-accounts will be combined into the Master account for the calculation of the Average Daily KCS Balance. *Sub-accounts can’t participate in the token sale as an independent account. Only users who have an KCS holdings over 100 from the 2 snapshots and click ‘ Participate Now ’ during the subscription period will be qualified to the 18th Spotlight. From these snapshots, each user’s daily KCS holdings ( the average from the 2 holding snapshots ) will be determined. (User’s KCS holdings / Total KCS holdings of all participants) * Total Spotlight Allocation (20,000,000 CLH)įrom 16:00:00 on Januto 16:00:00 on Janu(UTC), KuCoin will be randomly taking a snapshot of each user's KCS holdings each day (2 snapshots in total). The Shares of Qualified Users Will Receive (Users must meet the minimum average daily KCS holdings): *Hard Cap: The max number of tokens you will receive Token Sale Subscription End Time: 00:00:00 on Janu(UTC). Token Sale Subscription Start Time: 12:00:00 on Janu(UTC). To ensure a fair allocation for all participants, there will be a set hard cap for the token allocation per user.
Participants must have an average daily KCS holdings of at least 100 KCS, where their final allocation of the new token is determined by the portion of their average daily KCS holdings against the total average daily KCS holdings by all participating users. Initial Circulating Supply: 47,374,690 CLH.Spotlight Token Distribution: 10% will be unlocked on the Token Generation Event (TGE), and the remaining 90% will be distributed in 10% batches every 14 days from the 1st distribution.Token Sale Format: Proportional Distribution Model (PDM).Price Ratio: The actual price ratio of KCS will be announced on the day of the Token Sale.Token Supported: KuCoin Token (KCS) Only.Spotlight Token Sale Price: 1 CLH = 0.01 USDT.Spotlight Token Sale Details: (Subscribe Now)
The CLH token sale will operate using the proportional distribution model. KuCoin will be launching the 18th Spotlight token sale with ClearDAO (CLH) on Janu(UTC).